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1038 Rood Avenue
Grand Junction, CO 81501

$475,000 - Status: Active
Sq Feet Icon :
MLS Icon MLS# 20263469

Exceptional downtown duplex just blocks from Main Street, offering immediate income and future upside. This well-maintained and updated property features two 1-bedroom units with stable long-term tenants on 1 side and vacant on the other. One unit offers a spacious two-story layout with 2 bathrooms, while the second provides a comfortable single-level 1 bed/1 bath. Situated on a generous lot with a large backyard, this property stands out for its potential to add an Accessory Dwelling Unit (ADU)?a rare opportunity in one of Grand Junction's most desirable and evolving neighborhoods. Walking distance to downtown and CMU, each unit has an extra room which could be transformed into a 2nd bedroom. I also know some parents of college students are looking too.Whether you are an investor seeking long-term appreciation, or an owner-occupant looking to live in one unit while generating income from the others, this property offers flexibility and upside that is increasingly hard to find downtown.

Property Features

MLS#: 20263469
Zip: 81501
Subdivision:
Development: Grand Junction City
Property Type: Multi Unit - Multiple
Number of Units: 2
Basement: Partial
Basement: Yes
Cooling: Window Unit(s)
Days on Market: 13
Heating: Forced Air, Natural Gas
Home Style: Two Story
Roof Type: Metal
Stories: 2.0
Taxes: $1,859
Year Built: 1900

Feature Descriptions

Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Refrigerator, Washer
Exterior: Vinyl Siding, Wood Frame
Flooring: Carpet, Hardwood, Vinyl
Interior Features: Walk-In Closet(s)
Lot Description: Landscaped
Lot Dimensions: 50 x 125
Parcel#: 2945-144-11-015
Sewer: Connected
Units: 2
Water: Public
Zoning: R-8

Local Schools

High School: Grand Junction
Middle School: East
Elementary School: Chipeta

Disclosure: Exterior landscaping may be different than shown in photos as a result of Hurricane Ian.

Listed By / Shown By

Listed By

Agency Name: COLORADO REALTY 4 LESS, LLC

Shown By

Agency Title: RE/MAX 4000 Inc.
Agency Phone: 970-241-4000

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